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VEHICLE SALES DECLINE
Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.- Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...
- The crypto-treasury dream unravels after a 90% stock plungeReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is...
- As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
- Buy, Sell or Hold: Goldman Sachs remains neutral on Tata Motors; Nuvama maintains buy on HULBrokerages show selective optimism amidst market jitters. Goldman Sachs backs Shyam Metalics & Energy with a 10% upside target, anticipatin...
- Tesla presented misleading 'Full Self-Driving' safety data to European regulatorsIn a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutc...
- Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethinkIndian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability....
- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
- Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
- Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
- BYD to launch its hybrid SUV based on DM-i Hybrid tech with driving range of more than 1,200km in India: Check detailsBYD India is set to launch its first plug-in hybrid SUV, the Seal U, later this year, featuring the company's electric-first DM-i technolog...
- China's domestic car demand under pressure, association exec saysChina's car market faces a tough year. Domestic demand has fallen significantly. This trend is expected to continue until 2026. The automot...
- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- Bullish on autos? Siddhartha Khemka picks Maruti Suzuki and Samvardhana MothersonIndia’s auto sector started FY27 on a mixed note, with passenger vehicles and tractors showing resilience while two-wheelers and commercial...
- Maruti rebounds with strong market share gains after six-year gapMaruti Suzuki has regained substantial market share after a six-year gap. Strong sales in small cars and SUVs, coupled with new production ...
- BYD snaps longest streak of sales declinesVehicle sales globally grew 0.3% from a year earlier to 383,453 units last month, according to Reuters calculations based on a stock fili...
- BYD snaps longest streak of sales declinesChinese auto giant BYD has broken its sales slump. Global sales saw a slight increase in May, marking an end to an eight-month decline. Int...
- Tata Motors commercial vehicle sales soar 17% at 32,850 units in MayTata Motors has announced strong sales figures for May. Total commercial vehicle sales saw a significant 17 percent increase. Domestic sale...
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